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Fishmeal buyers face higher freight costs tied to the global shipping container crisis, on top of a fishing quota cut. Harvests are expected to pick up as the season progresses.
Higher freight and reduced quota tighten fishmeal supply for feed buyers, supporting prices while shipping costs erode margins.
intrafish.comJohn EvansNov 17, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
